{"id":61461,"date":"2021-03-02T16:32:47","date_gmt":"2021-03-02T16:32:47","guid":{"rendered":"https:\/\/explore.local\/2021\/03\/02\/build-your-skills-inventory-with-diverse-skill-data\/"},"modified":"2025-04-04T19:45:04","modified_gmt":"2025-04-04T19:45:04","slug":"build-your-skills-inventory-with-diverse-skill-data","status":"publish","type":"post","link":"https:\/\/degreed.com\/experience\/de\/blog\/build-your-skills-inventory-with-diverse-skill-data\/","title":{"rendered":"Build Your Skills Inventory with Diverse Skill Data"},"content":{"rendered":"\n

When it comes to data, more is better. This doesn\u2019t just mean more data points, it also means a more diverse set of data points. When building an organizational skills inventory, diverse data sets can ensure you are getting the most accurate and comprehensive view of the skills<\/a> your org has and those it needs.<\/p>\n\n\n\n

Companies that take a wide-angle approach to data collection \u2014 looking at inputs from a diverse range of sources, rating scales, and systems \u2014 cultivate what\u2019s called a \u201csignal advantage<\/a>.\u201d The result is a more expansive view of patterns, risks, and opportunities to act on. A signal advantage will allow you to build alerts around big shifts in your skill data to keep you ahead of change, and it all comes from diverse data.<\/p>\n\n\n\n

Look at the graphic below. If you\u2019re only looking at data from a single source, such as a human capital management (HCM) system, you\u2019re seeing just a fraction of what\u2019s happening across your company\u2019s skills landscape. And it won\u2019t tell you much about how the skill data at your organization is growing and evolving.<\/p>\n\n\n\n

\"Skill
Click image to view larger.<\/figcaption><\/figure>\n\n\n\n

When skill data sources are mapped to the employee lifecycle, you can see how diverse skill data accumulates over time. You can use this visibility to build your skills inventory and help your people learn from the moment they onboard with your organization.<\/p>\n\n\n\n

Tapping Into Skill Data Diversity<\/h2>\n\n\n\n

Learning transformation relies on several factors, but chief among them is skill data, according to HR Technologist<\/a>. \u201cThe primary responsibility of L&D at any organization is first to identify which skills employees need to develop to stay relevant to the business objectives. Then, they need to build an appropriate program to close this skill gap.\u201d<\/p>\n\n\n\n

In Degreed, your skill landscape represents the skills your workers have, their proficiency levels, and what skills they are currently learning. And because our platform<\/a> helps people learn continually, it captures data on your people\u2019s development on an ongoing basis.<\/p>\n\n\n\n

\"Diverse
Click image to view larger.<\/figcaption><\/figure>\n\n\n\n

Key skill data inputs include:<\/p>\n\n\n\n